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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,092 | $178,174-71.9% | $156,181-67.9% | $137,256-63.5% |
| Participation rate | 62.5% | 82.0%-19.5pp | 78.8%-16.3pp | 80.0%-17.5pp |
| Annual return | 18.86% | 84.19%-65.3pp | 64.87%-46.0pp | 220.34%-201.5pp |
| Employer contribution / active EE | $1,590 | $4,972-68.0% | $4,294-63.0% | $4,156-61.7% |
| Participant deferral / active EE | $1,924 | $6,888-72.1% | $6,132-68.6% | $6,407-70.0% |
| Admin fee / account holder | $53 | $17,404-99.7% | $14,586-99.6% | $12,270-99.6% |